Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds as trades improve – 1 Apr
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 40,200/tonne (t) (+ INR 450) exw Rourkela on 1 Apr’22. About 3,000 t of transactions in CDRI were recorded by SteelMint today against 1,000 t on 31 Mar. The index rose due to optimism in the market. Producers kept prices strong as several deals took…